{"id":908,"date":"2024-05-22T16:03:26","date_gmt":"2024-05-22T16:03:26","guid":{"rendered":"https:\/\/usatrustedlawyers.com\/blog\/graceland-sale-blocked-as-elvis-presley-heir-fights-foreclosure\/"},"modified":"2024-05-23T17:53:18","modified_gmt":"2024-05-23T17:53:18","slug":"graceland-sale-blocked-as-elvis-presley-heir-fights-foreclosure","status":"publish","type":"post","link":"https:\/\/usatrustedlawyers.com\/blog\/graceland-sale-blocked-as-elvis-presley-heir-fights-foreclosure\/","title":{"rendered":"Graceland Sale Blocked as Elvis Presley Heir Fights Foreclosure"},"content":{"rendered":"\n
\n

\n\tElvis Presley<\/a>\u2019s granddaughter Riley Keough<\/strong> won a court order Wednesday blocking a looming foreclosure sale of the late singer\u2019s historic Memphis home Graceland, after her attorneys argued that the bizarre effort to sell the home was \u201cfraudulent.\u201d<\/p>\n

\n\tAt a hearing in Memphis court, Chancellor JoeDae Jenkins<\/strong> granted Keough\u2019s request for a preliminary injunction that will block the mysterious foreclosure proceeding \u2013 initially set for Thursday \u2013 until he can rule on her case, according to court records reviewed by Billboard<\/em>.<\/p>\n

\n\tAs reported by CNN, the judge said during the hearing that Keough would likely win her arguments \u2014 and that allowing the sale of the legendary mansion to go through in the meantime would cause her so-called irreparable harm.<\/p>\n

\n\t\u201cThe estate is considered unique under Tennessee law, and in being unique the loss of the real estate will be considered irreparable harm,\u201d Jenkins said in the hearing.<\/p>\n

\n\tIn a case filed in Tennessee court last week, Keough alleged that the foreclosure was triggered by phony demands from a company called Naussany Investments \u2013 an entity that allegedly claims her late mother, Lisa Marie Presley, borrowed $3.8 million and used the famed mansion as collateral.<\/p>\n

\n\tThe alleged loans are recorded in documents supplied by Naussany that feature Lisa Marie\u2019s signature, but Keough\u2019s lawyers say those records are \u201cforgeries\u201d and that she \u201cdid not in fact sign the documents.\u201d<\/p>\n

\n\t\u201cThese documents are fraudulent,\u201d Keough\u2019s attorneys write in their May 15 complaint, obtained by Billboard<\/em>. \u201cLisa Marie Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments.\u201d<\/p>\n

\n\tNaussany (Naussany Investments & Private Lending LLC) could not immediately be located for comment on Wednesday\u2019s order. An attorney for Keough also did not return a request for comment.<\/p>\n

\n\tWhen Elvis died in 1977, his daughter Lisa Marie inherited his estate, including Graceland \u2014 a tourist mecca that pulls in millions of dollars a year in revenue. Until her death last year, she served as trustee of the Promenade Trust, an entity that controls the Memphis mansion. When she passed away, Keough assumed that same role and took control of the property.<\/p>\n

\n\tAccording to the lawsuit, Naussany alleges it made the multi-million dollar loan to Lisa Marie in 2018 and recorded the transaction in Florida. But Keough\u2019s lawyers say that Naussany is \u201ca false entity created for the purpose of defrauding the Promenade Trust,\u201d orchestrated by a man named Kurt Naussany who has sent \u201cnumerous emails seeking to collect the purported $3.8 million debt.\u201d<\/p>\n

\n\tKeough\u2019s attorneys say the evidence \u201cstrongly indicates the documents are forgeries\u201d \u2013 most notably, that the notary who allegedly signed off on the transaction has confirmed that she did not do so. \u201cIndeed, she confirmed she has never met Lisa Marie Presley nor notarized any document for her.\u201d<\/p>\n

\n\tFollowing Wednesday\u2019s ruling, the case will now proceed toward more detailed litigation over the Keough\u2019s allegations, and eventually toward a final ruling.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Elvis Presley\u2019s granddaughter Riley Keough won a court order Wednesday blocking a looming foreclosure sale of the late singer\u2019s historic Memphis home Graceland, after her attorneys argued that […]<\/p>\n","protected":false},"author":1,"featured_media":909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[1286,1233,1288,268,1236,1339,1287,1234,269],"class_list":["post-908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lawyers","tag-blocked","tag-elvis","tag-fights","tag-foreclosure","tag-graceland","tag-graceland-sale","tag-heir","tag-presley","tag-sale"],"_links":{"self":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=908"}],"version-history":[{"count":1,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/908\/revisions"}],"predecessor-version":[{"id":949,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/908\/revisions\/949"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media\/909"}],"wp:attachment":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}